Private Swiss bank will offer cryptocurrency services

World-renowned Swiss bank Julius Baer in the near future will begin to provide new services in the field of digital assets.

Julius Baer will start providing these services after SEBA Crypto obtains a banking license and a securities dealer license from the Swiss Financial Market Supervisory Authority (FINMA). The corresponding application was submitted in June 2018, and as expected by SEBA Crypto, the company will begin operating activities in the II quarter.

“Julius Baer believes that digital assets will become a full and sustainable asset class for investment portfolios. Investments and partnerships with SEBA confirm Julius Baer’s entry into digital assets and the intention to provide innovation for our customers, ”said Peter Gerlach, Head of Markets for Julius Baer.

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